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we notice something -- which we have been doing we will write about t now, clean energy has to be discussed in the various facets that clean energy is produced. not only here in the united states but brazil and other areas and to find out really how much does that cost and finally let me say mr. chairman that we do have hydro electricity as part of this and we need to see how that is implemented. thank you very much. >> thank you. i have -- additional cards to name? jessica dur man ackerman and david mccord. >> hi. i am jessica ackerman and conservation staff with the sierra club and i am here to represent the 30,000 members in the bay area. i want to thank the supervisors for talking about the importance of this program and climate change and the importance of the program at for outreach. this is opportunity for economic growth but only if it includes local build out and we're seeing strong benefits and the installation of clean energy, energy efficiency, and leveraging other regional sources and we are concerned that the pln has a stagnant rate of power on the open ma
prop 16 attack on the clean energy programs and community choice in california that it didn't matter that pg&e didn't use rate payer funds they were able to argue that entire $46 million plus campaign was funded by their stockholders, so they are going to run a multi-million dollar robust campaign in san francisco against this program, and it looks like their plan to roll out the 100% green project hits about the same time we roll this out at the end of 2013. i think that's the timeline for them, and it's very important to note that if we go forward prematurely with a marketing plan that is not based on good robust outreach to people of color, low income communities, people of different languag seniors and also based on the 10, 11-dollar premium w pg&e electric is offering $6 the consumer is not going to understand and yeah that is cheaper but ours is better and to the consumer that is coke and pepsi and coke is six bucks and we cost 11 bucks and coke is pg&e the customer is going to pick pg&e and that comes to what i wanted to highlight in this the information that local power has
this hour including a look ahead to tomorrow's big jobs report, and, next, as the u.s. is set to be energy independent in a not so distant future, one group is working to stop that. i'll break down how government is working to stop oil and gas exploration. that's coming up next. ♪ [ male announcer ] if you're eligible for medicare,e, now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? of your part b medical expees. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free dision guide to help you tter understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be le to visit any doctor or hospit that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of pl
in the campaign. koch industries, murray energy. devon energy. is there any chance that reason can speak louder than money? here to help us answer that question is jefferey sachs. he's comeing to us via skype from new york. thank you for joining us in "the war room"." >> thanks for having me again. it's great to be with you. 12,347 >> jennifer: i appreciate your perspective. even on climb changes blockburg when they put it on the cover of the magazine, how can we get our leaders to take action. >> the president has to put forward a plan. it has to not only acknowledge theeverything that your wonderful show has been discussing, the water level the falling of the water level in the mississippi river. the acidification in the ocean the killing of the shell fish, it's real, okay? it's obvious to the scientists. and the dark joke of it is that it's been known scientifically for more than a century. that's not a problem. the deniers are not even the problem. the problem is we don't have a plan. we don't have a strategy. if we had one and if the president didn't take it to a science denyier in congre
because he saves you when you're sick." 3 put the monster and the red bull energy drinks down...we have some healthy alternntives to high calorie energy drinkk budge coolinson from infusion with mmre. - what are some - do they give you just aa rgy?- much energy?-can we consume more of healthier? to leaan more about healthy energy rinks llg about healthy to learn more about healthh energy drinks log on to fox baltimore ddt 3coming up... up...dogs... learning how to drive.where this program is muuic natsched... and why..- to d-nd ácatsá... llarning how - j.ssay tuned... ur caught on camera segmmnt is next.you're watching fox 5 good dayy 3 it's thursdayy.. anddthat means it's ime for "caught on " camera."this week... weestart with a motorcycle joyride... gooe wrong. - tourist on a motor bike goes sightseeing- his bike clips the edge of a pier- falls over the dock... nd doww onto a boat- posted to youtube- he's believed o be o-k 3 in georgia... one woman gets &pan unexppcted holidaa gift... in front of her entire town. ttwn.- boyfriend proposed to paaade- he nd his family wn's
today. ♪ ♪ and if you're feeling a little slow, ♪ ♪ then 5-hour energy will help you go. ♪ ♪ so buy a bottle of pink lemonade and ♪ ♪ you can help fight breast cancer today. ♪ >>> the holidays are a time when families get together to celebrate and reconnect. let's not sugar coat things. they can be filled with a lot of drama. >> no one captures that better than actor, writer, director ed burns. >> and all around good guy. he returns in his indy film called "the fitzgerald family christmas." he plays the older, more opinionated bossy brother. take a look. >> she actually suggested i let her sneak the baby out one day and get her baptized. >> i think it's genius. >> we are not baptizing the baby. >> why not? >> corey is jewish. >> i thought corey was an atheist. >> he's still jewish. >> there are some light moments in. this but there are heavy duty ones, too. tell us a little bit about for those who haven't seen the movie, where it came from in that brain of yours. >> i wanted to make a film that took a look at a big family. >> a couple of my best friends, one is one of nine, on
that getting into the energy business doesn't mean the company is turning its back on mining. under the deal, freeport will pay $6.9 billion for plains exploration and production and $2.1 billion for mcmoran exploration, a sister company it was separated from a couple of decades ago. the deal would also leave freeport with $20 billion of debt. freeport executives say getting into oil and natural gas would elp diversify the company and keep more of its assets in north america, where there's a huge shale gas boom. they estimate by next year freeport will derive a little more than a quarter of its profits from energy and the rest from mining, versus 100% from mining today. the company says it thinks demand for commodities, especially energy, will continue to grow. that could help offset the increased difficulty mining companies are having trying to find new projects in regions outside the u.s. and with interest rates currently at historic lows, the timing was right to ink the two deals. diane eaabrook, "n.b.r., chicago. >> tom: daniel rohr is a metals and mining analyst from morningstar and joi
think we will become energy independent as a nation, and would you be investing on that theme? >> yes. i'm looking at several trends over the last five or six months that really seem to be accelerating. and one of them is energy. we are going to probably be energy independent in the united states because of all the new technology and oil fracking and natural gas fracking. we've created 33,000 new jobs in the last few months, and also there's an enormous amount of private infrastructure that's being engineered right now for pipelines to get the new gas and oil from where it is into the pipelines -- lori: so the best integrated energy, exxonmobil? >> exxonmobil is the choice for that particular trend. lori: okay. let's move on and talk about some of the grains. i know you've got some picks in agriculture as well. >> yeah. agriculture, i mean, agriculture products are going to continue to go up. not only do we have weather problems which are going to be continuing probably, but it's the demand. especially from asia as millions of new people, it's all demographics, are moving into the middle
. our road map begins with a $20 billion deal. freeport mcmoran getting into the energy business making two acquisitions. plains exploration and mcmoran exploration. >>> concerns over the u.s. economy as adp misses estimates. the blame goes to superstorm sandy. goldman says the party is officially over for gold. >> starbucks at an investors conference will add 1,500 stores in the u.s. over the next five years. wait until you hear what they said about china. >> a big day in media. pandora ceo joins us live later this morning as the stock fell nearly 20% on weak guidance and netflix signs a big exclusive with disney. how much are they having to pay up for that? >>> let's deal with this big deal. as i've been telling you we'll see a lot of big deals -- i was wrong. here we are. freeport mcmoran buying not one but two companies. the combined price if you add it all together gets close to $20 billion. that does include debt. let's go through some of the details. it's somewhat complex. let's start with bigger of the two deals. freeport's purchase of plains. approximately $6.9 billion in total
for canadian oil and energy generally that the iea is saying that the u.s. will be able to meet its own oil and gas means in a decade? do you worry about markets for canadian energy? >> everybody knows our view on keystone. it is not just a great project, but a great security project. it makes more sense to bring north american oil into the united states than venezuelan or far eastern or middle eastern oil. there is a process in the united states. the president will let the process play out he will make a decision. i accept him at his word on that. in the context of keystone, it has been a bit of an opportunity for this country to understand that we do need to sell our energy products outside the united states. canada is the most energy of funded country in the world. canada will be a significant supplier of the energy sources of the future. it makes no sense in a global economy that we are and for canada to sell all of its energy products furtively exclusively to its own marketer or to the u.s. energy -- people in the energy business understand that have to look for other opportunities. >>
and yoga to burn off energy. they can take non-perishables. it's a traveling camp that serves about 500 kids in the last two years. this camp in particular is tough. >> when we leave it's definitely hard because we are going back to our tv and our couch. this is a production like physically and emotionally. this is one of the hardest camps i've ever done. to be able to maneuver through a disaster and all the organizations on site. it's definitely a challenge. they we hope we can do this every weekend while here. >> although fema has 36 disaster recovery centers set up, many parents are frustrated with the federal government and express concerns to politicians at a new york townhall meeting. >> we go from one to another. we go to fema to homeowners insurance, they offered me $150. what can we do with that? i need to rebuild. >> when you go home and get to celebrate in a nice warm house, i have no electric, i have no heat. i don't even have sewage in the house. but the city comes and does an inspection, it's okay to live in. a joke. you wonder why people are mad. we are the people, the mi
it? i will give you a hint, it ain't the palestinians. new pink lemonade 5-hour energy? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. >>neil: the world could be on the verge of getting a new country, with the u.n. voting on a vote for palestine and my guest is here to talk about that. >>guest: we have so much trouble at home with economics and with money, why do we give money to foreigners who really are irrelevant to the interests of the united states strike me as singularly odd. the election is over. the politicians are back in washington. they can ignore the needs of the american people for the next four years. >>neil: what would happen with the palestinian state? just because the u.n. votes to get the process rollin
to renewable energy. that's totally duible. we can run everything we have right now off existing technology from the wind and the sun and renewable energy. the second thing, it's an incredible economic benefit and economic engine to this area. there are community centers out on the rockaways that have power because greenpeace pulled up with a solar array on the back of a truck and that distributed generated energy helps people. >> eliot: it is unfortunately an event to drive home the reality of what you can do at a moment of distress when you need to find alternative energy sources. you've done that. i want to pivot a little bit. the occupy movement has morphed into something different. it's changed it's imagery and providing real services to real people. is that going to be a continueing transformation? is this a new cause for occupy. >> one would argue that they were a disaster organization when they were dealing with the wall street disaster. but this is a new form of politics and aid. we have such inequality in our society that has to be addressed. when you talk about occupy sandy and o
international. samantha smith is also with us, leader of the world wildlife fund global climate and energy initiative. kumi naidoo, the two of you held a news conference, along with a few others, which got some attention. you are calling on u.s. climate negotiators to step down. why? >> when president obama made his election victory speech, he broke his silence on climate change, what it would do to america's children. he then subsequently said that he wants to be a global leader on climate change, but the position that has been taken by the united states in these talks is business as usual, has not reflected the urgency of what has just happened in the united states through hurricane sandy, the fact that there is massive drought in many parts of the country itself, and huge climate impacts happening in a world elsewhere. the bottom line is, the politics of the negotiation is out of touch with all the science says, and president obama and other political leaders need to recognize, nature does not negotiate. we have to change. sadly, these negotiators are not reflecting that urgency and the
energy drinks we investigated for possibly making people sick. now an anti energy drink is being blamed for making kids sick. >> is your diet a dud? can may not be what you meet it may be what you think. >> good morning ladies. coming up you will meet a guy who has recently been retired. wait a minute. why is my 13-year-old daughter also eligible for social security benefits. you will be amazed to hear the story. also a camp toeachers? one said no he is leaving the union. and super model stopping by. you know the jeopardy winner? he has written about book. stay away from the christmas poinsettia the leaves are poisonous. is that true? you have to stick around. it's not. fox and friends kikts ocks off minutes from now. i always wait until the last minute. can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break from the holiday stress. ship fedex express by december 22nd for christmas delivery. ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do >> 11 minutes until the top of the hour
there will be a deal so people will use more energy. not when these guys are saying yes no, yes now. >> if you want to look at this market, look at the world. reaching a 17 month high today. china of course with the multi-year low. globally around the country think okay, despite what happens in the u.s. liz: who made that? >> europe 600. liz: some of the biggest names in europe. it is an interesting point. >> i look at copper, silver, look at the euro bought 130, we saw weakness in the dollar and the equity market right or wrong proceeds weakness in the dollar. if you want to look at oil today and next week we have some real concerns, adp on manufacturing, a chance for that to come in on the cycle of the market will pull back it will come in the middle of next week off until december 12 and the poetry election, is the question of strength and weakness looking at the economic calendar as well. liz: we will talk about the japanese parliamentary election. thanks to all of you for joining us on the floor. talk about headlines missed. the market practically hugging every word that comes out of washingto
larger water heaters are within the scope of the energy policy act and are rated using a thermal efficiency or t.e. rating. the problem facing american manufacturers is that under the current rules of the road only the small water heaters are deemed eligible for the energy star program. this is nonsensical. it's an outdated measure. and disqualifies our large american made water heaters from being covered by the energy star ratings, regardless of how advanced or how highly efficient they may be. . the legislation before us today would provide the necessary regulatory and business certainty that is needed by our manufacturers. this legislation has the potential of adding upwards of 1,000 jobs for domestic water heater manufacturers, many of them are in my home state of tennessee, where there are already 3,000 jobs directly involved in the manufacturing of water heaters. i thank the chairman again. i thank mr. aderholt and i also want to commend the gentleman and i yield back the balance of my time. the speaker pro tempore: the gentlelady yields back the balance of her time. the ge
energy, but it was all privately funded, no subsidies, very small scale, but no subsidies, private throughout. we'll have that man sitting next to me on the set. angry staten island residents lash out at fema, they feel like they've been forgotten. we'll show you that video. illinois has had a huge pension problem, what does it do? created a cartoon snake, squeezy the pension python, and wait until you see this. and may be waiting for a bailout. and it's a big day and i'm sure you've got your comments, keep them coming, varney@foxbusiness.com and seven early movers, yum brand, taco bell, k.f.c. et cetera, et cetera and weak sales, china's economy is slowing and half of yum! brands revenue comes from china and there it goes. then we've the zumiez, the teenage clothing stores, disappointing guidance for the november sales and blames superstorm sandy and five below, the name says it all. everything in the store $5 or less. and posted a profit this time around and is that 8? yeah. ultra salon cosmetics, strong profits, rich women buying makeup. up it goes. whole foods, one of my favori
on arrival and he can save time and energy next time by not submitting an obama plan like this to republicans. bottom line is this, it is not serious. they should have no interest, republicans in playing stupid games with the administration. third, republicans need to shine a bright light on the obama proposal to ensure the american people know how insane and ludicrous this is. fourth, republicans need to use the opportunity to pass their own agenda they need to show they are not obstructionists they themselves have a positive, forward-looking agenda they are proud of, eager to take to the country. republicans need to make the case morning, noon and night, that it is obama who seems absolutely determined, for political reasons, to take the country over the fiscal cliff. our first guest is author of victory at yorktown live in virginia as part of his american legacy tour, former presidential candidate, newt gingrich. welcome back. >> good to be with us. interesting times. sean you have a smile on your face. >> sure. >> sean: a lot of our tpraepbs are not happy about in. >> un reasons i write h
and 60 on monday. mary? >> all right, bob. thank you. >>> in today's energy saver, your porch light or pamp post -- loomp post is -- lamp post is one of the height highest fixtures users. they are now coming in a variety of shapes and sizes to fit smaller lamps. for more information ho on how you can be an energy saver, go to the right-hand side of the page and click on our special section. >>> people living in parts of queens, new york, are still recovering from devastation caused in part by super storm sandy. that's why some are angry with the city, after it started handing out property violation notices. >> it goes straight through there. >> reporter: it is still a mess. roseanne and joe cavaliery are trying to clean up. bust front windows. about -- but adding insult to are injury are a citation note from the city. >> it makes me angry. but it also ridiculous. >> reporter: they got it november 9th, 11 days after a tree fell on their home. they were sighted -- cited for failure to maintain property. but it was a tree that belonged to the city
@tomes521, who writes, clean energy fuel, cisco, groupon, broadcom and -- santander. wow, am i diversified. you can be diversified but also be really -- have some really bad stocks, and, oh, doctor. anyway. all right. groupon, i got the mani pedi coupon this morning, i wanted to leave "squawk on the street" because they offered me three in one day for half value. but i don't know what it is, so i stayed and did the job. santander, spanish bank, broadcom, my charitable trust owns it. cisco, these two are too much alike, get rid of cisco. clean energy fuels, total speculation, groupon, you know, maybe it's time to swap into zynga. all right. that was a stock joke. bank, i don't even know what this is. bank, speculative energy play, real technology company. man, you know what you need here, you need like bristol-myers or something like that. and certainly like let's put an industrial in there, how about honeywell? dave cote's doing a great job. that would spruce up this portfolio. do we have like -- are we r-rated? do we have like -- i think we're probably okay. i don't want the h
engineers gives u.s. infrastructure a grade of d. guess what? energy infrastructure did a bit better. it got a d-plus. the u.s. is spending money on the electrical grids and power plants. $566 billion by 2020. but according to the american society of civil engineers, that falls short by more than $100 billion. so what would the u.s. get. for that $100 billion an extra $11 billion every year? let me tell you, the american society of civil engineers says if you spend the $11 billion this is a multiplier effect, you get an extra $55 billion in economic output. it would protect 461,000 jobs. it would generate $73 billion in disposable personal income and create in disposable personal income. michael grunwald is the author of the new deal, the hidden story of change in the obama era. in his book, he argues for increased investment in energy infrastructure. mike, welcome to the show. you say that the electrical grid is slowly actually improving. we have any of that change, would any of these changes we're talking about have had a different effect on what the people in the northeast went through a
reports of a takeover of walter energy out today. >> that's right. we'll look at walter energy. walter energy is gaining on this market speculation on this news that bhp billiton is considering a cash bid for the u.s. coal producer, walter energy. that is why we're, at $55 a share. again these are according to reports, spokesman at hp headquarters that the report was market speculation. certainly enough to keep things moving around there. bhp shifted focus and cutting costs across the board. walter got a nice pop on the market speculation. pack to you. melissa: nicole, thanks so much. oil extending losses for the third day in a row. what is sending it lower? we head to the pits -- i'm sorry? lori: over here. melissa: okay. we head to the pits of cme. fox business contributor phil flynn price futures group to find out. >> i'm here. i'm right here. 86, we're just below 86, back above 86, the lowest level in three months. a lot of it being driven by lower gasoline prices. but also concern about the darn ecb. mario draghi talking about the slowing economy but saying he is not doing a heck
: hello. booyah jim cramer. how about wynn energy, buy, sell or hold? >> linn energy is tresk. if you want to do it, it's terrific. i like the linn -- let's go to jude in my home state of new jersey. >> caller: how are you? >> okay. >> caller: what do you think of american eagle outfitters? >> take the money and run. you got a good one and now you can go. that's a hard business, really hard apparel business. i need to go to mary in new york. >> caller: i'm wondering about knight capital. >> limited upside. i think that tommy joyce, the c ceo has done a remarkable job. helden in illinois, helen? >> caller: yeah, jim, hi. i would like to know what's your opinion of frontier communication? >> nothing but pain ahead on that one. i do not want to you buy it. and a nice run, a good chance to go. let's go to bill in alabama. bill? >> caller: jim, roll tide to you. producing stock, sand ridge, mississippi. >> i like the sand ridge, mississippi, know it's got an outsized yield. that means it could be susceptible to being cut. the dividend could be susceptible to being cut. it will still be good, th
that need to be set free. he could take more leadership role in the pentagon use of clean energy. the pentagon has become a leader but now it's time to expand that. if the president really took an aggressive set of actions we could actually meet this commitment that he made three years ago before the copenhagen negotiations for a 17% reduction in carbon pollution and then we could lead the way for international negotiations. >> eliot: let me just jump in on the clean air act. there is a point that people need to understand. the white house has been pretty good about issuing resolutions leading to new power plants. not existing coal burning plants. even though now regs are good, if you apply those retrospectively to existing coal plants then you would be capturing and harnessing a much bigger fish and something more important in terms of what the white house could do. that's what the white house should really be focusing on. >> i'm glad you spelled that out. he has put out standards for new power plants but as you said natural gas prices they're so low that no one was going to be
business with key sectors in the iranian economy, with energy and ship building and shipping and the ports, this amendment that would shut down businesses that are involved in sectors which fund the proliferation activities of iran and that regime is crucial. in addition, the amendment is going to prohibit business with all designated persons connected to the iranian government. it bans trades and commodities used in these key sectors and used to stop iran from receiving payment in gold or using oil payments in local currency then to buy gold and we have to stop an effort to water down these sanctions. i say that because i remember the votes in the past. i remember our effort on the central bank. it was only because we got unanimous votes because we got so much support that we were able to deploy those. but let me add that there is another portion of the amendment here that targets the regime for their human rights abuses. and i think one of the areas where we've been short, for those of you who have talked to to those in the prison there and experienced the torture, who have seen the murd
employees and shareholders. the energy bills provide renewable energy and we publish our gas strategy today to make sure that we make the best use of lower-cost gas power, including new sources of gas and went and we consenting the creation of a single office of regulation. we don't want families and businesses to be left behind as gas prices come on the other side of the atlantic. [cheers] we are going to help our construction industry as well. the last government abolished property release. my humble friends, the members of the southwest and others show that this has blighted development in our towns and cities. the proposal for my colleagues, that we create a long grace. for newly completed buildings, it is a sensible one. and we will introduce it next october. the previous government also plans to increase the small companies tax rates 22%, and we have cut it to 20%. unlike the small and medium-size firms, i want to thank my honorable friend for their help in this area. starting on the first of january and for the next two years. i am therefore going to increase by 10 fold in the annual
life. one is for a clean, wedomestic energy future that puts us in control. our abundant natural gas is already saving us money, producing cleaner electricity, putting us to work here in america and supporting wind and solar. though all energy development comes with some risk, we're committed to safely and responsibly producing natural gas. it's not a dream. america's natural gas... putting us in control of our energy future, now. introducing nook hd - the world's best 7" tablet made for reading and entertainment. your favorite magazines and catalogs look better than ever. and with scrapbooking, you can save the things you love, bring them all together, and be inspired like never before. scrapbooking. create yours with nook hd - and even bigger with hd+. find yours at barnes & noble. aww, not the mall. well, i'll do the shopping... if you do the shipping. shipping's a hassle. i'll go to the mall. hey. hi. y'know, holiday shipping's easy with priority mail flat rate boxes from the postal service. if it fits, it ships anywhere in the country for a low flat rate. yeah, i know. oh, you'r
. the other big thing today, big news on natural gas. the energy information administration just reported a another record high in u.s. production. that's right. in the month of september this country produced more natural gas than they ever have before. another sign of the changing energy dynamic in this country. very excited about that record high. i'm going to go celebrate all weekend. melissa: no, definitely not. phil flynn of the price futures group. he is just a happy guy. lori: i love that spirit. talk tech now. zynga, the creator of "farmville" and facebook announced today they are ending a long-standing partnership. what does the future look like for zynga? shibani joshi is covering the story. can people still annoy you requesting the game app? >> absolutely. this is not quite like unfriending someone on facebook but giving someone limited profile aspect to your facebook page, creating distance between you and that other person. we're talking about companies here and facebook is doing that with zynga. what it filed in the 8-k yesterday, zynga did the same thing, they are amending
together and getting a federal strategy on ardsing greenhouse gas emissions from our energy. >> bill: amen to that. if not now, when? and how much longer are we going to wait? we will get into that issue with tyson slocumb. tom hankins from iowa will be joining us in the next hour and dylan byers, media reporter for politico will be along as well. busy, busy morning here on the full court press. we love it that way. but first. >> this is -- >> dan? what do you got. >> other headlines making news on this friday. the man who got mitt romney's presidential campaign logo tatooed on his face is now having regrets. politico reports -- >> now he has regrets. getting a face tatoo? okay. >> eric heartsburg wants the tatoo removed because he says romney, who he enthusiastically supported is shameful and has no dignity. heartsburg says romney is a sore lose loser. >> who is he accusing someone of having no dignity. >> i think that's how every romney supporter feels. >> says he is a sore lose her and loses any shred of credibility for blaming someone for buying vote
. that is a -- go ahead >> caller: my question is with the recent news of a possible takeover on walter energy, what is your stance, sir, on the possible buy on the stock. >> i cannot recommen aon e wa l'so cko ora.o 1 le y, m, rll i see where the earnings on tether pharmaceuticals has been reduced. i wonder what you think the future of the stock looks like. >> sunshine that stock was down about 1.70 when that news came my take iso 1 d'tikitf1 and then sell sell sell. >> caller: a big booyah from bucks county, pa. >> that's where i lived for a long time. what's going on? my question is with the recent news of a possible takeover on walter energy, what is your stance, sir, on the possible buy on the stock. >> i cannot recommend anyone buying stock on a takeover basis when i think the fundamentals are not going the right way. the fundamentals are not going the right way. let's go back to florida. bart in florida. bart. >> caller: yes, jim, i really enjoy your program. i see where the earnings on tether pharmaceuticals has been reduced. i wonder what you think the future of the stock looks like. >> sun
of energy that's both cheaper and cleaner than coal or oil, talking about natural gas. but we end up burning off millions of cubic feet of it a day because we don't have enough demand since our government refuses to support embracing nat gas for service vehicles. while we probably aren't going to use it ourselves, last time we got good news in the form of a government report. commissioned by the department of energy that gave its blessing to the idea of exporting the fuel via liquefied natural gas terminals, it's a positive for the natural gas stocks. maybe the biggest beneficiary and you might not have thought of it, dominion resources, letter "d." it's a major utility for providing electricity to customers in west virginia, pennsylvania, and north carolina. the company used to have an oil and gas business but sold that off years ago at the top. dominion now is a gas ticker as they hope to build an export facility in maryland and it seems more likely this project will be approved in the wake of yesterday's pro nat gas report. the company has a history of raising the dividend to boot. and be
broken investors' trust by diversifying into energy with these $9 billion deals. back to you, sue. >>> we are just off the highs of the day, up 130 points. we'll continue to follow the markets for you. >>> plus, emergency landings and inspections by regulators. growing pains for boeing's new dreamliner. >>> plus, netflix's deal with disney. is it really a game changer? phil lebeau and julia boorstin all over those big stories. phil, you first. >> sue, right now as we speak a technical team from boeing is in new orleans looking at that dreamliner after the emergency landing. we'll have the latest in just a bit. >>> but first out to julia in los angeles. >> netflix says the company is taking a big step forward. we'll tell you how and how much it is worth after the break. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being re
, telecom, utilities. a lots of people play dividend at the end of the year. energy and materials a little bit deceptive. for example, energy has only been up a few of the last decembers. it's had a couple of real terrific decembers. i want to note there's only one sector that's averaged down in december for ten years. believe it or not, it is tech which obviously had a terrible 2002 but also had a particularly terrible 2009. you can get some real volatility in the tech sector. >> you really have to look at the last ten years trading performance in some of these before you make a decision. >>> one of the big stories rolling out throughout the day -- a november to remember for the automakers. carmakers revving up some big sales but some of it was because of super storm sandy. our phil lebeau is behind t wheel in chicago. >> we knew this would be a better than expected november and look at these numbers. generally speaking with a few exceptions, all of the automakers reported better than expected results last month. gm being one of the exceptions, being just a little bit below expectations.
, a growing player in renewable energy and nuclear energy. we thank them for their support. as always, we are on the record here. please no live blogging or other means of filing -- to give you some time to think. there is no embargo, but c-span has agreed not to air the video of the breakfast until noon today to give those of you who actually paid to attend the breakfast time to file. finally, if you'd like to ask a question please do the traditional thing and send me a subtle, nonthreatening signal. with that, thanks again from our supporters and viewers. >> he always goes first. the times article was right about one thing -- the debt duo, if you want to know what we are really like, you can imagine sonny and cher. you can imagine which one i am. somebody once asked me, what was it like to be president of a university? i said it is like being ceo of a cemetery. you have lots of people underneath you. but nobody is listening. i thought i would update you -- yesterday i had a meeting with a group of ceo's that we took in to meet with the white house economic team and i subsequently had a
ahead to 2013, the energy department predicts gas will average about $3.44 a gallon. that's about 20 cents lower than this year. >>> and what about the cars and trucks that need filling up? the l.a. auto show opens tomorrow, with vehicles from the ordinary to the out of this world. toyota is getting early buzz with its first redesign of the rav-4 suv in seven years. featuring an intelligent all-wheel drive system. also getting attention, right there. volkswagen's new beetle convertible. >>> and starbucks is rolling out a new coffee. and if the caffeine doesn't jolt you, the price certainly will. it is the chain's most expensive coffee ever. the costa rica will set you back $7 a cup. and if you have to have some at home, get ready to fork over, $40 for half a pound. what was that again? >> get out of here, man. get a diet coke for a buck. 7 bucks for coffee? >> $7. it better be perfect. >>> when we come back, the all-out search for a mountain climber stranded at 10,000 feet. he used up his phone battery posting to facebook. >>> and the catch of the day, courtesy of a confused second g
violated federal safety rules on purpose. a u.s. attorney is charging the former president of massey energy with conspiring with other company officals to order workers to break safety rules. a tragic factory fire in bangladesh is putting a spotlight on dangerous working conditions. saturday, a fire at a bangladesh clothing factory killed 112 people. its the worst industrial fire in the country's history. however, it's been public knowledge for a while that working conditions in the country are highly unsafe. bangladesh is a major exporter for the garment industry in europe and the u.s. the associated press reports the factory had orders in from companies including walmart, disney, and sears. police have arrested 3 supervisors of the factory for negligence. high-speed trading firm getco is offering to buy troubled knight capital. knight shares jumped on word getco may pay around $1 billion for knight. getco values knight shares at $3.50, which is 41% higher than where the stock closed friday. last august, knight capital sent out erroneous orders in 140 stocks that list on the new york stoc
convention center. it's often called the "green auto show" for its emphasis on energy-efficient vehicles. automakers took the wraps off an all-electric fiat 500 chevy spark. meanwhile, jaguar and landrover unveiled lighter models and audi introduced four new diesel models for the u-s market. the l.a. auto show runs through december 9th. non-superheroes are going to get a chance to bid on batman's original batmobile this january. the one-of-a-kind, souped-up ford futura concept car was entirely-hand built for the 1960s tv series in turin, italy, of all places. the auction is set for january 19 in scottsdale, arizona. the final price is expected to reach into the multi-millions. still to come, traders debate which stocks could be next to offer special dividends. but first, are small businesses getting worried by fiscal fears coming from washington? that's next with bill moller. e have been signs that key elements of the economy are picking up. small businesses, they're the backbone of the employment picture. what about small businesses owners? what are they seeing? there may be no better m
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